NOT LISTED FOR SALE

4737 38th St Unit 2 Long Island City, NY 11101

Long Island City Neighborhood

Estimated Value: $1,303,000 - $1,604,000

8 Beds
5 Baths
1,800 Sq Ft
$778/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $1,400,000 $778 Per Sq Ft

Current estimated payment $8,216/month

14 Days on Market

Highlights

  • 2 Car Detached Garage
  • Window Unit Cooling System
  • Hot Water Heating System

About This Home

As of October 2023

This beautiful 2-family brick house is newly renovated and move in/rent ready. Located in Sunnyside and walking distance to schools, shop, laundry-mats, grocery stores and bus stops. Convenient 5-minute walk to the 7 train, 20-minute train ride to midtown Manhattan or downtown Flushing. This spacious duplex is 20x48 feet building size and 2 car parking space. First floor consists of 3 bedrooms, 2 full bath, living room and eat in kitchen. Second floor with 3 bedrooms, 2 full bath, living room and eat in kitchen. Full basement with 2 bedroom, 1 full bath and laundry room. The 2nd floor is currently tenant occupied, first and basement landlord occupied. House will be delivered vacant.

Last Agent to Sell the Property

Wei Shi

Apple Realty Group Corp License #10401276236 Listed on: 08/01/2023

Last Buyer's Agent

Wei Shi

Apple Realty Group Corp License #10401276236 Listed on: 08/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,177

Year Built

  • Built in 1930

Lot Details

  • 1,800 Sq Ft Lot
  • Lot Dimensions are 20x90
  • Two or More Common Walls

Parking

  • 2 Car Detached Garage

Home Design

  • 1,800 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Schools

  • Ps 199 Maurice A Fitzgerald Elementary School
  • Middle College High Sch At Laguardia

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Finished Basement

Listing and Financial Details

  • Legal Lot and Block 16 / 227
  • Assessor Parcel Number 00227-0016

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,177

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Year Built: 1930
  • New Construction: No
  • BuildingSize: 20ft x 48ft
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 5
  • Basement: Finished
  • Total Bedrooms: 8
  • Living Area: 1800
  • SquareFootage: 1800.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Middle College High Sch At Laguardia

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 20x90
  • Lot Size Sq Ft: 1800
  • Lot Size Units: Acres
  • Parcel Number: 00227-0016
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-08-02

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 9177
  • Tax Block: 227
  • Tax Lot: 16
  • Tax Map Number: 00227-0016

MLS Schools

  • Elementary School: Ps 199 Maurice A Fitzgerald
  • High School: Middle College High Sch At Laguardia
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Oct 26, 2023
Sold by
47-37 Porperty Inc
Bought by
Martinez Andy and Martinez Jennifer
Seller's Agent
Wei Shi
Apple Realty Group Corp
Buyer's Agent
Wei Shi
Apple Realty Group Corp
List Price
$1,398,888
Sold Price
$1,400,000
Premium/Discount to List
$1,112
0.08%
Views
48
Current Estimated Value
$1,400,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110
Avg. Annual Appreciation
-2.47%
Original Mortgage
$1,120,000
Outstanding Balance
$1,100,276
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$235,444

Purchase Details

Closed on
Jul 28, 2016
Sold by
Cunniffe Sean
Bought by
47-37 Porperty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martinez Andy $1,400,000 --
47-37 Porperty Inc $980,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Andy $1,120,000
Previous Owner 47-37 Porperty Inc $550,000
Previous Owner Cunniffe Sean $360,000
Previous Owner Cunniffe Sean $131,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $1,400,000 +0.1% $778 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $1,398,888 -- $777 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,076 $47,832 $5,907 $41,925
2024 $9,076 $45,187 $6,212 $38,975
2023 $9,076 $45,187 $5,889 $39,298
2022 $8,544 $60,960 $9,180 $51,780
2021 $8,892 $65,220 $9,180 $56,040
2020 $8,437 $71,640 $9,180 $62,460
2019 $7,877 $61,620 $9,180 $52,440
2018 $7,676 $37,656 $7,969 $29,687
2017 $7,270 $35,665 $8,144 $27,521
2016 $7,039 $35,665 $8,144 $27,521
2015 $4,058 $33,217 $8,244 $24,973
2014 $4,058 $31,380 $8,688 $22,692
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2023

    Wei Shi

    Apple Realty Group Corp

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Map

Source: OneKey® MLS

MLS Number: KEY3494966

OneKey® MLS

APN: 00227-0016

New York Queens County Long Island City 11101 Long Island City

4737 38th St Unit 2, Long Island City, NY

This home is located at 4737 38th St Unit 2, Long Island City, NY 11101 since 01 August 2023 and is currently estimated at $1,400,110, approximately $777 per square foot. This property was built in 1930. 4737 38th St Unit 2 is a home located in Queens County with nearby schools including P.S. 199 Maurice A Fitzgerald, Long Island City High School, and Most Precious Blood Roman Catholic Church.

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